Asian Development Bank (ADB) Tuesday said it has inked an agreement to invest USD 50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will come equally from ADB's Ordinary Capital Resources and Leading Asia's Private Infrastructure Fund (LEAP). LEAP is a funding arrangement provided by Japan International Cooperation Agency (JICA) which is administered by ADB. The agreement was signed Tuesday by Chair of AEPL Vineet Mittal and ADB Principal Investment Specialist Mayank Choudhary, ADB said in a release.

ALPHARETTA, Ga. and MARYSVILLE, Calif., March 19, 2019 /PRNewswire/ -- Dispersive Networks, a provider of programmable networking for mission-critical solutions, was selected by Yuba Water Agency (YWA), which owns and operates the fifth-tallest dam in the U.S., to connect its renewable...

VIENNA, March 18, 2019 /PRNewswire/ -- The transit potential of railways in Asia and Europe was the main topic of discussion at the plenary session of International Railway Congress 2019 in Vienna today. "The main idea behind the One Belt, One Road initiative is building the...

SAN MATEO, Calif. & BERLIN--(BUSINESS WIRE)--Infrastructure Investor Global Summit Berlin - Mercatus, a leading asset and investment management platform for alternative investors, and GRESB, the global ESG benchmark for real assets, today announced a strategic partnership to accelerate environmental, social and governance (ESG) integration for global infrastructure investors. More institutional investors than ever before are seeking standardized and validated ESG-related data on their infrastru.

Chinese President Xi Jinping will visit Italy, France and Monaco from Thursday to March 26.: Chinese President Xi Jinping will visit Italy, France and Monaco from Thursday to March 26, the foreign ministry said Monday. Italy's coalition government has sent mixed signals over whether it will sign a proposed agreement to join China's trillion-dollar Belt and Road infrastructure investment drive. The initiative aims to expand commerce by building ports, railways and other infrastructure across more than 60 countries from the South Pacific through Asia to Europe and Africa.

Building a new generation of windpower infrastructure across key economies in Asia could add up to a bonanza for European firms, in a rare instance where state-owned Chinese companies find themselves on the back foot.Offshore wind-farm construction projects, already on the drawing boards in South Korea, Japan and Taiwan among others Asian economies, are likely to be dominated by foreign engineering firms, which have a lead in terms of skills and project experience, according to the Asia Wind...